TechAmerica Foundation : New York Totals 317,000 Tech Jobs in 2009, Representing the Nation’s Largest Cybercity


New York Totals 317,000 Tech Jobs in 2009, Representing the Nation’s Largest Cybercity

Contact: Charlie Greenwald, Vice President, Communications
202.682.4443 or charlie.greenwald@techamericafoundation.org

Josh James, Vice President, Research and Industry Analysis (research-based inquiries)
202.682.4422 or josh.james@techamericafoundation.org

The high-tech industry in New York employed 317,000 workers, the most nationwide in 2009

Washington, DC (December 8, 2010) – TechAmerica Foundation today released its latest report on trends in the U.S. high-tech industry, Cybercities 2010: The Definitive Analysis of the High-Tech Industry in the Nation’s Top 60 Cities. This detailed report tracks trends in high-tech employment, wages, establishments, payroll, employment concentration, and wage differential at the metropolitan level.

The high-tech industry in New York employed 317,000 workers the most nationwide in 2009, the most current metropolitan data available.  This represents a loss of 8,700 jobs, or three percent, over the previous year.  These jobs are high paying; the average tech industry worker in New York earned $98,500, or 51 percent more than the metropolitan area’s average private sector wage.

New York’s largest high-tech sector was computer systems design and related services, which employed 97,700 workers in 2009.  Following this was telecommunications services, with 61,800 workers, and R&D and testing labs, with 50,400 workers in 2009.

“When people think of New York, they often think ‘financial capital of the world’,” said Peter J. Boni, President and CEO of Safeguard Scientifics, Inc. (NYSE: SFE) and Vice Chairman of the Board for TechAmerica. “However, Cybercities proves that when people think about New York, they should also be equating the city with technology jobs.  According to TechAmerica’s report, New York has the most technology workers of all metropolitan areas nationwide, and has the most Internet services and R&D and testing lab workers. Clearly, New York metro area has much to offer in the way of highly skilled workers and world class research universities and will continue to be a hotspot for technology companies from around the world.”

Cybercities 2010 shows that the top ten cybercities by high-tech employment in 2009 were New York, Washington, DC, San Jose/Silicon Valley, Boston, Dallas–Fort Worth, Los Angeles, Chicago, Seattle, Philadelphia, and Houston.

The nation’s highest tech industry employment concentration was in San Jose/Silicon Valley, where nearly thirty percent of private sector workers were employed by the tech industry.  Oklahoma City saw the largest tech industry employment growth, adding over 900 jobs in 2009.

Cybercities 2010 may be purchased for $150.  Visit www.techamericafoundation.org/cybercities to download the report, or call 408.987.4200.

What Does High Tech Mean for New York?

  • 317,000 high-tech workers in 2009 (1st ranked)
  • 8,700 jobs lost between 2008 and 2009 (59th ranked)
  • High-tech firms employed 47 of every 1,000 private sector workers in 2009 (45th ranked)
  • High-tech workers earned an average wage of $98,500 (6th ranked), or 51 percent more than New York’s average private sector wage
  • A high-tech payroll of $31.2 billion in 2009 (1st ranked
  • 21,800 high-tech establishments in 2009 (1st ranked)

New York’s National Industry Sector Rankings:

  • 1st in telecommunications services employment with 61,800 jobs
  • 1st in R&D and testing labs employment with 50,400 jobs
  • 1st in Internet services employment with 24,300 jobs

Notes:

New York = New Jersey Counties: Bergen, Essex, Hudson, Hunterdon, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Sussex, and Union; New York Counties: Bronx, Kings, Nassau, New York, Putnam, Queens, Richmond, Rockland, Suffolk, and Westchester; Pennsylvania: Pike County.

Data are for 2009 unless otherwise noted.

2009 data are the most current available for employment, wages, payroll, establishments, and industry sector jobs.

Source: Cybercities 2010 is based on U.S. Bureau of Labor Statistics data

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About TechAmerica Foundation

TechAmerica Foundation educates industry executives, policy makers, and opinion leaders on the promise of technological innovation to advance prosperity, security, and the general welfare. Launched in 1981, the foundation is a 501(c)(3) non-profit, non-partisan affiliate of TechAmerica, the leading voice and resource for the U.S. technology industry. It disseminates award-winning industry, policy and market research covering topics such as U.S. competitiveness in a global economy, innovation in government, and other areas of national interest. The foundation also organizes conferences and seminars to explore pertinent issues with government and industry representatives and to share the foundation’s findings.